Crude Oil Production in Venezuela increased to 717 BBL/D/1K in October from 666 BBL/D/1K in September of 2022. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Venezuela averaged 2270.95 BBL/D/1K from 1973 until 2022, reaching an all time high of 3453.00 BBL/D/1K in December of 1997 and a record low of 392.00 BBL/D/1K in July of 2020. This page provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Venezuela Crude Oil Production - values, historical data and charts - was last updated on December of 2022.

Crude Oil Production in Venezuela is expected to be 1100.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Crude Oil Production is projected to trend around 1000.00 BBL/D/1K in 2023, according to our econometric models.

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Venezuela Crude Oil Production

Related Last Previous Unit Reference
Crude Oil Production 717.00 666.00 BBL/D/1K Oct 2022